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In states that have filial responsibility laws, nursing homes may seek reimbursement from the residents’ children. The Act also makes any individual with home equity above $500,000 ineligible for Medicaid nursing home care, although states may raise this threshold as
Lisa F. Young/Shutterstock By Geoff Williams If you have an elderly parent destined for a nursing home, ... The reason they did this is because of the Deficit Reduction Act of 2005. Back then ...
Nursing Home Reform Act; Omnibus Budget Reconciliation Act of 1987; ... Deficit Reduction Act of 2005; A. Adolescent Family Life Act; American Health Care Act of 2017;
The Omnibus Budget Reconciliation Act of 1993 (or OBRA-93) was a federal law that was enacted by the 103rd United States Congress and signed into law by President Bill Clinton on August 10, 1993. It has also been unofficially referred to as the Deficit Reduction Act of 1993. Part XIII of the law is also called the Revenue Reconciliation Act of ...
The Deficit Reduction Act (DRA) of 2005 authorized a Rural PACE initiative [4] and in 2006, the Centers for Medicare and Medicaid Services (CMS) announced 15 rural PACE grantees. [ 5 ] 2015
It was created as part of the 2005 Deficit Reduction Act as a one-stop shop for various fatherhood-promoting grant programs administered by a variety of federal agencies.
If the recently passed Budget Control Act of 2011 is included, this adds another $1,180 billion in deficit reduction for a total of $4,403 billion. Plan estimates indicate that if all these measures were implemented, the deficit in 2021 would be 2.3% GDP or $565 billion.
The tax cuts signed into law in 2017 never fulfilled Trump's promises on deficit reduction. According to the Office of Management and Budget, the deficit worsened to $779 billion in 2018.